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Hochschild Mining Plc 35.7% Potential Upside Indicated by Bank of America Merrill Lynch

Hochschild Mining Plc with EPIC/TICKER (LON:HOC) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Bank of America Merrill Lynch. Hochschild Mining Plc are listed in the Basic Materials sector within UK Main Market. Bank of America Merrill Lynch have set a target price of 220 GBX on its stock. This now indicates the analyst believes there is a possible upside of 35.7% from today’s opening price of 162.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 38.3 points and decreased 57.3 points respectively. The 52 week high for the share price is currently at 232.2 GBX while the year low share price is currently 150.5 GBX.

Hochschild Mining Plc has a 50 day moving average of 198.84 GBX and a 200 Day Moving Average share price is recorded at 197.95. There are currently 511,414,725 shares in issue with the average daily volume traded being 1,148,979. Market capitalisation for LON:HOC is £838,438,908 GBP.